Wednesday, August 12, 2009

Sold long unit at 999.25

7 comments:

  1. That was a nice breakfast. Enjoy the rest of your day.

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  2. What is the matter with you there in America? Why so much volatility? And in the middle of August!!!

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  3. Carl

    That was a quick trade. I agree we'll likely trade higher, perhaps over 1010 as the day unfolds. Where to re-enter is the the question?
    Regardless, you show an economy of scale in trading skills. Thats the sign of a successful veteran.
    Congrats,

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  4. Gap filled and could just drift here and wait for the FED, but wouldnt be surprised if we went down from here, since 1006 is resistance on ES... jmo

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  5. I see support at 1000 and 998 ES

    Depending on what the FED says if we break below 998 then prolly head down to 990.... jmo

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  6. Carl made a good trade and a reasonable exit. Oftentimes the market wanders for the few hours before the Fed meeting. Nice profit.

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